The mininum age is 18 years old.
To get these unique advantages, just be an accredited agent of COLONYBIT. In addition to having a modern and secure platform, our agents are free of fees, and do not pay anything in the negotiations. That being said, you can make as many transactions as you want, without paying any fees on them.
As a user, to buy or sell Bitcoin at COLONYBIT, you only pay 1% fee on the total value of each transaction.
Yes, you can. There are no limited number of bank acconts you can register.
The payment method used, for now, is banking transfers. Soon we will have other options.
For now, we work exclusively with Bitcoins. But soon we will expand our portfolio, giving you more options.
Yes, COLONYBIT is blockchain-based and developed in SHA-256, state-of-the-art technology and language, which guarantees the safety of the platform and our customers. In addition, all transactions on your account are held after you release their approval in your personal email.
Users and AGENTS can buy and sell Bitcoin. For both situations, simply create a "Sales Order" or "Purchase Order", entering the amount you want to buy or sell your crypto. After that, the announcement of this order will be available on the platform, so that all other users can access and negotiate directly with you.
Just go to your order that you wish to update and upload a photo from the proof of payment of that transaction. Than you need to wait the buyer/seller to do the same.
As soon as both people involved on the transaction, the buyer and the seller, update their payment status, the platform will automatically release the Bitcoin from/to your wallet.
On the moment you execute a selling order the platform automatically blocks the Bitcoin amount which was offered, already out from the seller bitcoin balance, making impossible to duplicate the Bitcoin offered. The Bitcoin only return to the sellers wallet, if the buyer do not make the payment within established deadline for the transaction.
COLONYBIT is a company founded in Hong Kong in 2017. The choice of location is strategic, as the region stands out for its advances in cryptocurrencies. But we are active in several countries, such as Paraguay, Peru and Brazil, where we started activities in 2018.
When negotiating any order, the deadline is 3 hours for the payment to be made. Within that period, the bank payment receipt must be attached on the platform, so the order can be finalized by the dealers.
It is important that every order be paid in the MAXIMUM of 3 HOURS. If there is no payment within that period, the order will expire automatically. The user will be instantly blocked in his WALLET and the equivalent amount to the FEE that would be charged if the operation was carried out normally, will be charged by the PLATFORM. In addition to that, the user may be prevented from issuing or accepting any ORDER, in a period of 7 (seven) days.
Yes, as long as this order has not been negotiated, it is possible. With status still open, it can be canceled at any time within 30 days.
The order is activated on the platform for a period of 30 days. After this deadline, it expires automatically, at no cost.
No, opening an account on Colonybit is totally free.
Yes, you can. Colonybit aims to democratize everyone access to the crypto environment. Everybody can have your own accont, and to obtain a bitcoin or other cryptocoins you just have make your first purchase on the Colonybit platform.
You just have to click on "Forgot my password" link on the login area, and we will send you an e-mail to reset your password or informing your login.
To recover your PIN, just click on Profile, Update Password/PIN, PIN, and than Send e-mail. After doing that we will sent you and email with a link where you will be able to change your PIN.
No. Once registered, your username can NOT be changed on the Colonybit platform..
You need the identity document and proof of residence. Both documents should have their photos submitted. In addition to these, it is also important to send a photo holding the identity card overlaying a paper written COLONYBIT with the current date.
The period for verification of documents is 24 to 48 business hours. After the account is verified, you will receive a notification email.
This may be because you have not filled out your personal and bank information. To update your data, simply go to Profile, My Profile, Payment, then click Edit to make the changes you need and insert the photos of the requested documents. After filling in all the fields, click CHECK ACCOUNT.
Yes, just go to Profile, My Profile, Payment, then click on Edit you can change all your bank account information.
Yes, you don't have a limited number of bank accounts that you can put on your Colonybit accont.
Accredited AGENTS have an exclusive trading platform and do not pay any fees to negotiate with users. Meanwhile, users pay a 1% fee on each transaction.
In order to have an accredited AGENT account it is necessary to make a user registration and to carry out the first transactions. As you conduct your negotiations, your score goes up, level by level, until you reach the AGENT class. You can check the levels here.
No, COLONYBIT does not charge customers any fines. You are free to close your account at any time, without any kind of charge. Just contact our team and request the closure of your account.
Bitcoin is the first, major e most innovative decentralized cryptocurrency on the market.It was created on October, 2018 by Satoshi Nakamoto, as an alternative to traditional money. The Bitcoins, as any other cryptocurrency, only exists on the online universe. Which provides to everybody, anywhere in the world, the possibility of having the Bitcoin. It is totally a peer-to-peer system.
Making a P2P transaction means that you negotiate directely with other people. In other words, you choose who, when, where and how you want to make your negotiation. Besides having total control over your bitcoin, you have the freedom to choose the best conditions, and even benefit from it’s security and their own economy. That’s because it’s on your hands to stablish the taxes/fees to be payed in each transaction. All in a direct, transparent and simple way without abusive taxes/fees.
Cryptocurrencies are the digital only currency. Their encryption and their blockchain technology provide both the validity and the securiy of transactions. Another cryptocurrencies caracteristic is the decentralization, which means that they are not controled by any Governements, financial institution or any other body. On the contrary, the users themselves who have control over their own cryptocurrencies and are free to trade the wherever and whenever they want.
Blockchain is the technology that supports the cryptocurrencies, which was developed by Bitcoin. It is a public book in which all cryptocoins transactions are recorded and validated. It is blockchain’s responsability to certify transactions, preventing fraud or duplicate offers, as well as ensuring the privacy of user data through encryption.
Yes, they are. Because they are developed in a blockchain network, cryptocoins have a high level security. As any investment, there are chances of profits and risks, so it is always important to be careful and broaden your knowledge about the subject, not exposing your investment to a risk that you are not able to support.
The minimum amount to start buying cryptocoins with COLONYBIT is only US$ 50.
Just enter the wallet address where you want to sent your withdraw. Enter the desired value and perform will make the transaction.
Yes, as long as the company accepts this form of payment. Cryptocoins have already become a payment option for several companies around the world. Therefore, it is increasingly common to find them as an option for customers.
Bitcoin does not have a fixed value, that’s because it has a high volatility which occurs every minute. However, on the COLONYBIT platform, you always have access to the updated, real-time Bitcoin value.
Yes, you can. Anyone could buy or sell Bitcoin fractions. You do not have the need to buy a whole unit of it, you can buy the amount you want by paying it’s corresponding value.
Platform person-to-person of buy and sell bitcoin and cryptocurrencies, developed in blockchain.
Monday to Friday - 08AM to 05PM